Analyst: Xbox 360 Benefiting From PS3/Wii Shortages Options

[Xbox-Scene]

Analyst: Xbox 360 Benefiting From PS3/Wii Shortages Posted by XanTium | December 1 19:23 EST

From gamasutra.com: [QUOTE] Analyst Colin Sebastian from Lazard Capital Markets has sent out details of an 'upbeat' analyst meeting with Microsoft's Xbox executive team, during which he notes that the Xbox 360 is benefiting from PS3 and Wii shortages this holiday season. Sebastian particularly commented: "Management appeared to be upbeat regarding the current state of the business, particularly with progress made in establishing the Xbox 360 as the early leader among next generation consoles, and also with penetration and usage of Xbox Live services." The analyst continues: "We also believe the Xbox 360 may be benefiting at retail this holiday from short supplies of PS3 and Wii consoles. Recently, Microsoft executives reaffirmed the company's goal of reaching 10 million Xbox 360 units installed worldwide by the end 2006." He also notes that the company may be making better in-roads in Europe, after only a moderate start, though the Japanese problem still remains: "North America remains the strongest Xbox 360 market, however Microsoft appears to be making some strides in other geographies, most notably in the U.K. and northern Europe, while we believe sales are still weaker in Japan." [/QUOTE] Read More: gamasutra.com

[aceboomer]

I work for a major retail chain and Black Friday sales and sales since, have been big for Xbox.
I would love to see just the numbers from that day or the weekend all together.

[IntestineMan]

It takes an analyst to come up with something this obvious?

[nectar12]

It takes an analyst to come up with something this obvious?

no shit.
thats like saying "skim milk sales are up since walmart ran out of 1/2%"

[Midnight Tboy]

wow....I hope this guy receives a well deserved bonus with all his hard analytical work

[repset]

hes not just talking about they got more sales. he said they reached their go for the end of 2006. and if he helped do marketing. then he deserves a raise. i dont know why but every time i have seen that gears of war commercial it made me want a 360 real bad. guess what. i got one monday.

[Kallstar]

Someone give this man a cookie... You mean to actually tell me lack of competition equates to better sales numbers??? Get out of here..

[0794]

what exactly does it take to succeed as an analyst?

if it is just obvious crap like this, then i need a career change...nah...i make too much money anyways...

[Elusive hacker]

3 guys I know that were waiting for halo 3 to buy a Xbox 360 just gave in when they played Gears of War. Thats 3 more boxs sold, the momentum is there.

[kowrip]

3 guys I know that were waiting for halo 3 to buy a Xbox 360 just gave in when they played Gears of War. Thats 3 more boxs sold, the momentum is there.

3 co-workers of mine just picked up their first Xbox 360 consoles and at least 2 more guys from my gaming chat group did as well. All of them are excited to starting playing on Xbox Live too. It seems like it's starting to gain a lot of appeal !

[Elusive hacker]

yea my friends are giving up World of Warcraft

[creepyplaidman]

I'm buying another 360 this monday, are we almost at 10 million?

[cerberus414]

According to nexgenwars.com, Xbox 360 sold 7,852,643 as of right now (Sold almost a million since PS3s launch).

[Boiker]

According to nexgenwars.com, Xbox 360 sold 7,852,643 as of right now (Sold almost a million since PS3s launch).

Also according to nexgenwars, the Wii has sold over 1 million Thats about 500,000 more than two days ago....what on earth?

[grim_d]

Also according to nexgenwars, the Wii has sold over 1 million Thats about 500,000 more than two days ago....what on earth?

the european launch is on friday.

This post has been edited by grim_d: Dec 2 2006, 08:10 PM